Market Intelligence

Madison County, MS

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2026

Madison County, Mississippi, a core county of the Jackson-Vicksburg-Brookhaven, MS market, holds $6.6B in deposits across 23 insured institutions and 53 branches. Trustmark Bank is the largest deposit holder at 29.2% share. The top three banks hold 62% of deposits, which places the county in the Concentrated band. Deposits have grown 45.0% since 2021 while the branch count rose by 1.9%. It produced $8.1B of real gross domestic product in 2024, ranking #414 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$8.1B
#414 of 1,523
Population
116,298
#549 of 1,523
GDP per Capita
$69,902
#194 of 1,523
Deposit market
Deposits (SOD, 6/30/26)
$6.6B
#281 of 1,523
Deposits per Capita
$56,872
#74 of 1,523
Deposits per Branch
$125M
#355 of 1,523
Competitive structure
Insured Institutions
23
#168 of 1,523
Branches per 100k Pop.
45.6
#145 of 1,523
Median Deposits per Institution
$104M
The median deposits booked by a single institution in the county. #886 of 1,523. A lower figure means institutions typically hold smaller deposit positions here; it reflects local deposit presence, not an institution’s overall size. See Community & Regional Bank Share for institution scale.
Community & Regional Bank Share
79.4%
of county deposits held by banks with $100M to $100B in assets. #591 of 1,523. A higher share points to a market where small to mid-size institutions, the kind that compete on relationships and local decision-making, hold more ground.
Top-3 Banks’ Deposit Share: Concentrated
62%
The combined deposit share of the top three banks by deposits in the county. A lower share means deposits are spread across more institutions.

Ranks show where the county stands among the 1,523 ranked counties (those within a Combined or Metropolitan Statistical Area that have a branch). They describe relative position, not a rating of market quality or suitability.

Deposit trend

County Deposits (SOD, 2021 to 2026)+45.0% over 5 years
$4.6B
2021
$4.9B
2022
$5.0B
2023
$5.3B
2024
$5.5B
2025
$6.6B
2026

Branches: 52 in 2021 to 53 in 2026. Institutions: 22 to 23. Top-three share: 64% to 62%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Trustmark Bank$1.9B29.2%7+81%
BankPlus$1.3B19.3%7+46%
Regions Bank$900M13.6%6-8%
Renasant Bank$894M13.5%5+114%
Origin Bank$352M5.3%2-3%
The Huntington National Bank$279M4.2%4+7%
PriorityOne Bank$132M2.0%2+229%
Wells Fargo Bank$125M1.9%1+61%
Hancock Whitney Bank$123M1.9%1+150%
Story Bank DBA Story Financial Partners$119M1.8%1+130%
Community Bank of Mississippi$116M1.8%2-9%
The Citizens National Bank of Meridian$104M1.6%2+14%
BankFirst Financial Services$97M1.5%1+2%
JPMorgan Chase Bank$62M0.9%1no 2021 presence
Guaranty Bank and Trust Company$39M0.6%1+1,502%
RiverHills Bank$24M0.4%1+15%
Southern Bancorp Bank$13M0.2%2+127%
The Citizens Bank of Philadelphia, Mississippi$10M0.2%1-2%
Bank of Yazoo City$10M0.1%1-10%
First Bank$7M0.1%1-54%
First State Bank$2M<0.1%2no 2021 presence
FSNB$1M<0.1%1-44%
First National Banker's Bank$0M0.0%1no 2021 presence

The 23 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s county deposits in 2021 and 2026. Institutions are tracked by FDIC certificate number, and where an institution acquired another bank, the acquired bank’s prior deposits are folded into the baseline so the change reflects the combined, continuing franchise rather than reading as new. “No 2021 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year. Deposit figures are nominal and are not adjusted for inflation.

Part of the Jackson-Vicksburg-Brookhaven market

Madison County is one of 10 counties that make up the Jackson-Vicksburg-Brookhaven, MS market, a Combined Statistical Area (ranked #85 of 293 U.S. markets by economic output). It produces 22.7% of the market’s output and holds 25.6% of its deposits.

MeasureMadison CountyShare of parent market
2024 GDP$8.1B22.7%
Deposits$6.6B25.6%
Population116,29816.9%

View the full Jackson-Vicksburg-Brookhaven market profile →

Recruiting in Madison County

Deposits are held closely by the largest banks, which often means the bankers worth recruiting are inside a small number of institutions. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like Madison County.

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